Bentley, Bay County, Michigan Property Taxes
Median Bentley, MI effective property tax rate: 0.37%, significantly lower than the national median of 1.02%, but lower than the Michigan state median of 1.07%.
Median Bentley, MI home value: $122,300
Median annual Bentley, MI tax bill: $451, $1,949 lower than the national median property tax bill of $2,400.
How are property taxes in Bay County calculated?
Property taxes in Bentley, MI are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Bentley’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bentley, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bentley, Bay County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.99%
Estimate Property Tax Bill
$1,630
$1,512
Property Tax Rates Across Bentley, Bay County, Michigan
Local government entities determine tax rates, which can significantly differ within a state. Each year, counties estimate their budget needs to provide essential services. They then divide this budget by the total value of all taxable properties in their area. This calculation establishes the property tax rate. While the process involves votes and legal frameworks, this is the essence of how rates are set annually.
You can compare Bentley's effective property tax rate with other cities in Michigan and the median property tax rates in Michigan and the U.S. Bentley, located in Bay County, has a property tax rate of 0.37%, which is considerably lower than the national median property tax rate of 1.02%. This lower rate can translate into significant savings for property owners, making Bentley an attractive place for homeowners seeking affordability in property taxes. Understanding these rates can help property owners make informed decisions about their investments and potential savings.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Bentley Tax Rate
0.99%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Bay County Tax Rate
1.43%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bentley, Bay County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48613 | 0.63% | 0.77% | 0.99% | 1.23% | 1.68% |
Source: Ownwell
Property Tax Assessment Values Across Bentley, Bay County, Michigan
When examining property taxes in Bentley, MI, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Bay County Equalization Department estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Bay County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Bentley. For example, the median home price in Bentley is $122,300, with tax bills ranging significantly across the county. Zip code 48613 has the highest median home price at $122,300.
Property Tax Assessment Values Across Bentley, Bay County, Michigan
Source: Ownwell
$109,900
$167,375
$224,850
Median Bentley Market Value
$164,600
Median Bay County Market Value
$150,000
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bentley, Bay County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48613 | $55,080 | $102,000 | $164,600 | $254,400 | $392,520 |
Source: Ownwell
Property Tax Bills Across Bentley, Bay County, Michigan
Median Bentley Tax Bill
$1,619
Median Bay County Tax Bill
$2,142
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Bentley, Bay County, Michigan
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
48613 | $631 | $1,023 | $1,619 | $2,345 | $3,267 |
Source: Ownwell